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GUARGUM INDUSTRY
Outbound farm goods fall on tepid demandThe expected good rabi harvest season and huge stock of commodities like soyabean, maize and cotton seed have also contributed to the fall.- Guar production to shrink in India owing to synthetic polymer use by US oil industryThe area under Guar stood around 40 lakh hectares in 2016 against 55 lakh hectares in 2017. Sowing of guar that extends till first week of ...
- Agri-commodity: Palm oil rises 0.73%; cardamom slumps 0.52%Crude oil prices rose amid pick up in domestic demand and restricted supply from producing regions.
- Agri-commodity: Mentha oil down; wheat risesMentha oil prices drifted further lower by 1 per cent to Rs 909 per kg in futures trade today
- Guargum futures regain 10k level tracking firming trendGuargum futures recouped Rs 10,000 mark as traders engaged in widening positions, tracking a firming trend at the domestic as well as overs...
- Guargum prices rise in futures trade propelled by strong marketsAt the National Commodity and Derivatives Exchange, guargum for delivery in October contracts climbed Rs 210, or 1.80 per cent.
- Guargum futures slide over 2 per centGuargum prices fell sharply to Rs 11,410 per quintal in futures trading after participants trimmed positions amid subdued domestic and expo...
- Guargum futures up on firm spot markets, strong export demandAccording to marketmen, heavy buying by participants, directed by emerging spot markets where prices remained in keen demand due to tight s...
- 'Coal gasification can be used as feedstock for petrochemical'Petrochemicals, which are derived from crude oil, could also be obtained from other sources especially coal, guar-gum, neem among others.
- Guargum futures plunge by Rs 210 per quintalGuargum far-month April contracts dropped by Rs.210, or 1.70 per cent to Rs.12,160 per quintal, with an open interest in 15 lots.
- After a dizzying spike and free fall, guar-gum prices likely to stabiliseOutput of guar seed is expected to be 25-30% less this year compared with the Kharif season of 2013, industry executives said.
- Guargum futures decline on weak spot cuesMarketmen said tracking bearish signals from physical market due to comfortable stocks positions, traders preferred to reduce their holding...
- FMC scraps 10 per cent special margin on guarseed/gum futuresWith the scrapping of the special margin the total margin money required to be deposited by traders has reduced to 20 pct of value of the c...
- Guargum futures up on revival of buyingMarketmen said traders preferred to increase their positions at existing lower levels in line with firming spot as well as export demands.
- Guargum futures down on heavy sellingGuargum prices slumped by Rs 420 to Rs 13,830 per quintal in futures trading today on the back of selling by traders, guided by weak spot m...
- Guar price rise keeps away US buyersA sudden surge in guar price last year has kept away the US buyers from lifting the product which is used as a thickening agent used for oi...
- FMC may decide on re-listing guar futures by mid-AugustForward Markets Commission (FMC) today said it will take decision on re-listing of the banned guar futures by mid-August after assessing th...
- Guargum industry gets robust export ordersThe industry has now put forward a proposal to the commerce ministry for increasing acreage in Rajasthan, Haryana and Gujarat.
- India emerges major exporter in guar-gumIndia may soon overtake Pakistan and Sudan to become the leading exporter of guar-gum, thanks to financial assistance being provided by the...
- Guarseeds to get an exports pushHere’s another government initiative to raise agri-commodity exports for employment generation in rural India. This time round, it aims to ...
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